07505
Paterson, NJ
Total Population
Median Household Income
Median Home Value
Median Rent
About Paterson, NJ
Comprehensive Neighborhood Analysis
Neighborhood Profile
Paterson, NJ in Passaic represents a tight-knit residential area with approximately 4,592 residents. This working-class area is characterized by a competitive housing market, with median home values around $375,000 and a median household income of $23,780.
The community features a active, family-oriented residents, with a median age of 38.3 years. Residents benefit from a varied educational attainment levels, contributing to a diverse and vibrant local culture. The area's economic landscape reflects its demographic composition, with household incomes and property values aligned with broader regional trends.
Small-sized community with diverse demographics
Working-class earning profile
Competitive housing market
Quality of Life Overview
Our comprehensive analysis evaluates Paterson, NJ across multiple quality-of-life dimensions including amenities access, cost of living, safety metrics, educational opportunities, and climate conditions. The overall livability score of 54/10 reflects these combined factors, providing residents and prospective movers with data-driven insights into the area's living standards.
Key Insights
What the data tells us about this area
Median household income is 100% higher than the state average, indicating an affluent area.
Home values are 101% higher than the state average. This area has a competitive real estate market.
Safety score of 45/100 suggests higher crime rates. Consider additional safety precautions.
Quick Facts & Insights
Key metrics and how they compare
Livability Score
Overall quality of life rating based on key factors
Score Breakdown
Expert Analysis & Insights
Data-Driven Community Assessment
Our team of data analysts and urban planning experts have evaluated Paterson, NJ across multiple dimensions to provide you with actionable insights. These findings are based on comprehensive analysis of demographic trends, economic indicators, housing market dynamics, and quality of life factors.
Premium Housing Market
ConsiderationThe home price-to-income ratio of 15.8:1 indicates a premium real estate market. Prospective buyers should carefully evaluate financing options and long-term affordability. Consider exploring first-time buyer programs or extending your search to nearby areas.
Below-Average Cost of Living
OpportunityThe cost of living index of 59 is below the national average of 100, meaning your dollar stretches further here. This can translate to higher disposable income, easier savings, and improved quality of life.
Methodology: Our analysis combines official data from the U.S. Census Bureau, Bureau of Labor Statistics, and regional housing databases with proprietary algorithms to identify meaningful patterns and trends. All comparisons use state-level benchmarks unless otherwise noted.
Data Sources & Accuracy
- Schools: GreatSchools.org or NCES
- Note: IPEDS integration for colleges/universities is in progress
Learn more about our data sources and methodology on our Data Sources page.
Interactive Location Map
Paterson, NJ 07505
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Cost of Living
Compared to national average (100 = US average)
Cost Index by Category
Economy & Employment
Job market and economic indicators
Top Industries by Employment
Industry Breakdown
Nearby ZIP Codes
Explore surrounding areas
Frequently Asked Questions
Everything you need to know about Paterson, NJ
According to the latest U.S. Census Bureau data, Paterson, NJ has a total population of approximately 4,592 residents. This population figure is derived from the American Community Survey (ACS) 5-Year estimates, which provide the most reliable and comprehensive demographic data available.
Have more questions? Our data is continuously updated to provide you with the most accurate and comprehensive information available. For specific inquiries or detailed analysis, consider consulting with local real estate professionals, financial advisors, or community organizations who can provide personalized guidance based on your unique situation.
Demographics Overview
Comprehensive population statistics and demographic breakdown
Key Demographic Insightsfor Paterson, NJ
Median household income is 100% below state average, suggesting more affordable cost of living.
Unemployment rate of 26.2% is above national average, indicating economic challenges.
High remote work adoption with 29.1% working from home.
Poverty rate of 38.9% is above national average of 11.5%.
Insights are derived from US Census Bureau data and may not reflect recent changes.
Household Income Distribution
Age Distribution
Population by age group
Household Income Breakdown
Households by income bracket
Education Levels (Age 25+)
Highest education attained
Race & Ethnicity
Demographic composition
Households & Employment
Household Types
Family composition breakdown
Average Household Size: 2.44 people
Employment by Industry
Where residents work
Commute Patterns
How residents get to work
Labor Force Statistics
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